Germany commercial property loans, domestic, unadjusted
Germany commercial property loans, domestic, unadjusted stood at 1 in % z.Vj. in 2025, according to Deutsche Bundesbank. It is one of the indicators in the Property market (annual) table (Value · Annual), with a complete series running from 2004 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Property market (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Indicators | |||||||||||
| Loans by domestic credit institutions entailing commercial property risk, domestic borrowers, unadjusted | 1 | -0.3 | 1.5 | 5.8 | 7.2 | 6.1 | 30.6 | 5.6 | 3 | 2.4 | |
| Loans by domestic credit institutions entailing commercial property risk, foreign borrowers, unadjusted | -2.4 | -0.6 | 1.6 | 6.2 | 4.4 | 1.6 | 27.8 | 4.7 | -2.4 | 2.2 |
Understanding germany commercial property loans, domestic, unadjusted
Total credit exposure tied to domestic commercial property risk is consolidated in this overarching Bundesbank financial indicator. The series aggregates all loans issued by domestic credit institutions to local borrowers for the purpose of financing non-residential real estate ventures. It serves as a macro-level counterpart to the highly specific sectoral breakdowns, rolling up the borrowing of domestic trade, services, construction, and housing enterprises into a single aggregated figure. Foreign borrowers are strictly excluded from this nationwide aggregation.
Examining this aggregate demands a year-on-year approach, as the unadjusted format retains all the natural volatility inherent in corporate lending cycles. Comparing unadjusted totals on a short-term basis frequently leads to analytical errors, as major domestic refinancing periods create predictable but severe distortions. Analysts should view this row as the definitive baseline for domestic commercial risk, against which the specific sector slices can be measured. Occasional backward revisions occur when domestic banks audit their sprawling loan books and reclassify legacy debt.
Frequently asked questions
- Are cross-border loans factored into this total?
- The aggregate rigorously excludes all foreign borrowers, focusing solely on credit extended to domestic entities.
- Does this encompass residential mortgages for private citizens?
- The series is strictly concerned with commercial property risk, omitting standard retail lending to individuals.
- Can this be used to track short-term credit momentum?
- Unadjusted data contains heavy seasonal and corporate volatility, making year-on-year comparisons the only reliable analytical lens.